Bitcoin’s Dominance

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The week after Burning Man was a bit sleepy, but several trends continued apace. Regarding stablecoins, Binance will launch a USD-pegged cryptocurrency. And the interest of big tech in crypto has now spread to Apple. Plus, yet another DAO has been proposed, this one married a bit more to the traditional legal world.

On Unchained this week, we explore DAOs further through an interview with Luis Cuende of Aragon One, in which he describes Aragon, a platform for DAOs. And on Unconfirmed, I talk with Yan Liberman of Delphi Digital about Bitcoin’s dominance, which is at 70% — more than double its all-time low of 33% during the top of the crypto bubble in the winter of 2018.